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Can we get rid of CSM after the recent PLEX insider trading fiasco?

First post
Author
Mr Epeen
It's All About Me
#141 - 2017-03-17 17:48:24 UTC
Janeos wrote:
They need to add a tinfoil hat to the nuPLEX store.
I'd buy that for a dollar!

Mr Epeen Cool
Romulus XII
Blank-Space
Northern Coalition.
#142 - 2017-03-17 19:09:45 UTC
Girka Kring wrote:
Sir BloodArgon Aulmais wrote:
Plex prices go up and down all the time.

Proof? Or are you just spewing garbage.


PLEX changes

PLEX market 60 days

PLEX market 15 days

You need to be really blind to not see what just happened.



First, correlation does not mean causation.

Second, although the price did increase, the volume didn't. One explanation could be that this is a supply side story (sellers) not demand (buyers).
In other words, it wasn't mass buying that sparked the price increase but a weaker PLEX supply.


Regarding leaks in general, do they happen? Yes. Is the PLEX price increase caused by a leak? The graphs you linked aren't proof of it.
Salvos Rhoska
#143 - 2017-03-17 19:15:53 UTC  |  Edited by: Salvos Rhoska
The circumstances are suspicious and severe enough to warrant investigation.

Furthermore, the AURUM wipe and PLEX fracturing in and of itself, is bizarre.

Why is that even happening?
Lady Ayeipsia
BlueWaffe
#144 - 2017-03-17 19:37:39 UTC
Salvos Rhoska wrote:
The circumstances are suspicious and severe enough to warrant investigation.

Furthermore, the AURUM wipe and PLEX fracturing in and of itself, is bizarre.

Why is that even happening?


Why? Because it was confusing and redundant to have 2 forms of virtual currency that both cost money. Why not reduce this by making one currency?

Once you decide to make one currency, which do you keep? The more recognized one which is PLEX. Now you can't make every bit of apparel cost 1 PLEX or people would go crazy. Nor would you create a system that start a with fractions of a PLEX. So you make your PLEX into a larger unit which can be subdivided.

Makes sense to me. It makes even more sense of Nova/Dust come back with a better connected market. (aurum in dust was not the same as EVE which was a pain).
DeMichael Crimson
Republic University
Minmatar Republic
#145 - 2017-03-17 20:27:54 UTC
I still don't understand why the OP thinks the CSM is behind this insider PLEX trading conspiracy.



DMC
Girka Kring
Republic University
Minmatar Republic
#146 - 2017-03-17 20:29:02 UTC
I've noticed that a lot of ppl are concerned with lack of change in PLEX volume over those 2 weeks that would correspond with the change in price. Therefore they come to a conclusion that the supply was lower and that caused the price increase.

It's funny cause every time they quote "economics 101" they kinda show that they have no idea what they are talking about. First check some basic supply & demand graphs. If the supply was lower, as you suggest, the prices would go higher but the volume wouldn't stay the same, it would decrease. The increase in prices by 20% with pretty much the same quantity of traded items means that there was both a decrease in supply and increase in demand for PLEX over those 2 weeks.

It's also pretty funny that most ppl who are 100% sure there was no manipulation are from Goonswarm Federation. Do you guys have something to hide?

I agree that currently we have only indirect , presumptive evidence and that we don't have tools needed to gather all the necessary data. But that doesn't mean we should just ignore the problem. What happened looks really suspicious and should be thoroughly investigated by CCP.
Cearain
Plus 10 NV
It Burns When I'm PvPing
#147 - 2017-03-17 20:37:15 UTC
Since the microPlex will have a new use (direct use in aurum store) the value of plex should go up.

Moreover if csm knew ccp was going to delete huge amounts of aurum (all amounts less than 1000) that would also help the value of microPlex.

Make faction war occupancy pvp instead of pve https://forums.eveonline.com/default.aspx?g=posts&m=53815&#post53815

Milla Goodpussy
Garoun Investment Bank
#148 - 2017-03-17 21:00:03 UTC
the cheaters who knew about this change knew it was coming and were buying up plex.. just so they can rob the entire community blind and afford those uber trinkets like the next XL drilling platform.

its all been a con... Burn Jita, Burn Amarr. burn them all with fiyaaaaaaaaaaaaaah
Disclosed Desire
Science and Trade Institute
Caldari State
#149 - 2017-03-17 21:33:22 UTC
Why would they get rid of CSM now, it's been like this from the start but there is no incentive for anyone to stop.

CCP don't want to get rid of it - It's a relatively inexpensive marketing gimmick

CSM don't want to miss out on insider info + they get some small amount of influence.
Cade Windstalker
#150 - 2017-03-17 23:35:49 UTC
Girka Kring wrote:
I've noticed that a lot of ppl are concerned with lack of change in PLEX volume over those 2 weeks that would correspond with the change in price. Therefore they come to a conclusion that the supply was lower and that caused the price increase.

It's funny cause every time they quote "economics 101" they kinda show that they have no idea what they are talking about. First check some basic supply & demand graphs. If the supply was lower, as you suggest, the prices would go higher but the volume wouldn't stay the same, it would decrease. The increase in prices by 20% with pretty much the same quantity of traded items means that there was both a decrease in supply and increase in demand for PLEX over those 2 weeks.

It's also pretty funny that most ppl who are 100% sure there was no manipulation are from Goonswarm Federation. Do you guys have something to hide?

I agree that currently we have only indirect , presumptive evidence and that we don't have tools needed to gather all the necessary data. But that doesn't mean we should just ignore the problem. What happened looks really suspicious and should be thoroughly investigated by CCP.


You just went full conspiracy nut here...

First off, anyone saying that this was caused by a supply contraction is just as bad at econ as you are. As several people have pointed out the quantity traded hasn't really changed too much. That said, there's generally a lot more PLEX listed than there is selling, and the PLEX market tends to be pretty volatile around patch time.

Let me repeat that again. The PLEX market tends to be pretty volatile around patch time. It dropped *more than* 300b after Citadel in the span of time you're pointing at a *less than* 200b increase and going "OMG leaks!"

Also it's not just people from Goons saying this is idiotic, anyone with decent knowledge of econ or the Eve PLEX market is pointing at this thread and laughing their butt off.

What happened here is normal post-patch speculation and volatility. It's not suspicious, it's normal.

You have taken two vaguely time related events and drawn a completely spurious correlation between them.

Now can we all go back to raging about the 1000AUR cutoff limit in the appropriate thread? At least that's justified and a more productive use of time than this econ 101 snipe hunt.
Issler Dainze
Tadakastu-Obata Corporation
The Honda Accord
#151 - 2017-03-17 23:47:31 UTC
Friend, either you're closing your eyes
To a situation you do not wish to acknowledge
Or you are not aware of the caliber of disaster indicated
By the presence of player goverment in your community . Well, ya got trouble, my friend, right here,
I say, trouble right here in Eve verse.
Why sure I'm a plex buyer player,
Certainly mighty proud I say
I'm always mighty proud to say it.
I consider that the hours I spend
In a ship in space are golden.
Help you cultivate horse sense
And a cool head and a keen eye.
J'ever take and try to give
An iron-clad kill to yourself
From a three rail-gun shot?
But just as I say,
It takes judgement, brains, and maturity to kill
In any level of sec in the game,
I say that any boob can grief
And shove a noob in a pod.
And they call that sloth.
The first big step on the road
To the depths of deg-ra-Day--
I say, first, sprits from a teaspoon,
Then long limb roes from a can.
An' the next thing ya know,
Your son is botting for isks
In a pinch-back pod
And list'nin to some big out-a-town Jaspet miner
Hearin' him tell about those double your isks scammin'.
Not a wholesome fair market contract sale, no!
But a scam where they make you pay’s up front!
Like to see some golden ammo type
Sittin' in a brand new Covert ops? Make your blood boil?
Well, I should say.
Now, friends, lemme tell you what I mean. Ya got one, two, three, four, five, six turrets in your high slots.
Slots that mark the diff'rence
Between a gentlemen and a bum,
With a capital "B,"
And that rhymes with "P" and that stands for Plexl!
And all week long your Eve
Youth'll be ship spinnin away,
I say your young men'll be ship spinnin!
Ship spinnin away their noontime, suppertime, choretime too!
Not gettin the ore in the hold,
Never mind gittin' rats cleared or rat chains pulled
Or the gate guarded or the goods to market.
Never mind PI-ing' any water
'Til your parents are caught with the PI factories empty
On a Saturday night and that's trouble,
Oh, yes we got lots and lots a' trouble.
I'm thinkin' of the kids in the Arum clothes,
Shirt-tail young ones, peekin' in the Arum
Storel window after school. Ya got trouble, folks, right here in Eve.
Trouble with a capital "T"
And that rhymes with "P" and that stands for plex!!
Now, I know all you folks are the right kinda parents.
I'm gonna be perfectly frank.
Would ya like to know what kinda conversation goes
On while they're loafin' around that Hall?
They're tryin' out Quafe, tryin' out booster,
Tryin' out nano paste like ship shooting Feinds!
And braggin' all about
How they're gonna cover up a tell-tale breath with Chiral Structures.
One fine night, they leave the high sec station,
Headin' for the camp at some low sec gate!
Libertine men and Scarlet women!
And Rag-time, shameless music
That'll grab your son and your daughter
With the arms of a jungle animal instinct!
Mass-staria!
Microtransactions!
Friends, the idle brain is CCP’s playground!

Trouble, oh we got trouble,
Right here in Eve!
With a capital "T"
That rhymes with "P"
And that stands for Plex,
That stands for plex.
We've surely got trouble!
Right here in Eve,
Right here!
Gotta figger out a way
To keep the young ones moral after school!
Trouble, trouble, trouble, trouble, trouble...

Mothers of Eve Universe!
Heed the warning before it's too late!
Watch for the tell-tale sign of corruption!
The moment your son leaves the house,
Does he double warp core his poor fit ship ?
Is there a Biomass stain on his index finger?
A Pax Amarria hidden in the cargo gold?
Is he starting to memorize jokes from
The Mitanni?
Are certain words creeping into his conversation?
Words like 'alpha?"
And 'golden ammo?"
Well, if so my friends,
Ya got trouble,
Right here in Eve!
With a capital "T"
And that rhymes with "P"
And that stands for Plex.
We've surely got trouble!
Right here in Eve!
Remember Jita, True Null and the Golden Rule NRDS!
Oh, we've got trouble.
We're in terrible, terrible trouble.
That game with the fifteen classes of ships is a devil's tool!
Oh yes we got trouble, trouble, trouble!
With a "T"! Gotta rhyme it with "P"!
And that stands for Plex!!!
Neuntausend
Rens Nursing Home
#152 - 2017-03-17 23:58:31 UTC
^
What the actual ****?!
Ptraci
3 R Corporation
#153 - 2017-03-18 00:23:39 UTC
Sir BloodArgon Aulmais wrote:
Plex prices go up and down all the time.



But mostly up.
Bjorn Tyrson
Infinite Point
Test Alliance Please Ignore
#154 - 2017-03-18 00:58:34 UTC
Ptraci wrote:
Sir BloodArgon Aulmais wrote:
Plex prices go up and down all the time.



But mostly up.


They tend to float right around 1b for the past few years. Sometimes swinging as much as 300m either direction but not much more than that before the market corrects itself or ccp has a plex sale

Current prices are right about where I would expect them to be at this length of time after the last sale.

If anything the weird part is how stable the market has been between December and now.
Jacques d'Orleans
#155 - 2017-03-18 01:24:32 UTC  |  Edited by: Jacques d'Orleans
DeMichael Crimson wrote:
I still don't understand why the OP thinks the CSM is behind this insider PLEX trading conspiracy.



DMC


Well, that happens if you don't take your medication.(the OP of course)
Sere O'Asis
Summer Evenings and Winter Skies
#156 - 2017-03-18 03:26:23 UTC
Neuntausend wrote:
^
What the actual ****?!



It's verse set to The Music Man, https://www.youtube.com/watch?v=LI_Oe-jtgdI, I believe. Very clever.
Mina Sebiestar
Minmatar Inner Space Conglomerate
#157 - 2017-03-18 04:34:35 UTC
Quote:
CSM is corrupted and should be removed/punished.


Removal of these jokers would fix corruption part(if there is any) they are 90% PR and 10% CCP idea cage that work for self interest of group one represents.

If every part of this sandbox is not equally represented than whats the point of having one.

You choke behind a smile a fake behind the fear

Because >>I is too hard

Maximus Andendare
Stimulus
Rote Kapelle
#158 - 2017-03-18 06:52:01 UTC
Yeah there really should be an investigation into this. The timing is too convenient. If they look into it and it's nothing, fine. But honestly there should at least be a check.

Enter grid and you're already dead, destined to be reborn and fight another day.

>> Play Eve Online FREE! Join today for exclusive bonuses! <<

Salvos Rhoska
#159 - 2017-03-18 07:22:15 UTC  |  Edited by: Salvos Rhoska
Lady Ayeipsia wrote:
Salvos Rhoska wrote:
the AURUM wipe and PLEX fracturing in and of itself, is bizarre.

Why is that even happening?


Why? Because it was confusing and redundant to have 2 forms of virtual currency that both cost money. Why not reduce this by making one currency?

Once you decide to make one currency, which do you keep? The more recognized one which is PLEX. Now you can't make every bit of apparel cost 1 PLEX or people would go crazy. Nor would you create a system that start a with fractions of a PLEX. So you make your PLEX into a larger unit which can be subdivided.

Makes sense to me. It makes even more sense of Nova/Dust come back with a better connected market. (aurum in dust was not the same as EVE which was a pain).


Fair enough. Good answer.
Agondray
Avenger Mercenaries
VOID Intergalactic Forces
#160 - 2017-03-18 09:24:09 UTC
drain the csm swamp, and ccp swamps while we're at it

"Sarcasm is the Recourse of a weak mind." -Dr. Smith